Gautam Adani Becomes Asia's 2nd Richest, Now He's The Only One Behind Ambani: Here's The Top 10
Adani earned Rs 1000 crore a day over the last year to become the second richest person in Asia for the first time.
Two of India¡¯s most prominent industrialists have seen their wealth jump astronomically over the past year. While Gautam Adani & family saw their wealth increase 261% from last year to reach Rs 5.05 lakh crore, Kumar Mangalam Birla & family saw their wealth rise 230% to reach Rs 1.22 lakh crore.
Adani and Birla have moved up to rank 2 and 9 respectively, according to the latest IIFL Wealth Hurun India Rich List 2021. Gautam Adani¡¯s brother Vinod Shantilal Adani, who owns a trading business in Dubai has also made it to the top 10 list.
Mukesh Ambani richest
Mukesh Ambani is the richest Indian for the 10th year in a row with a total wealth of Rs 7.18 lakh crore. Ambani is also the richest in Asia currently and is followed now by Adani at second spot. Adani earned Rs 1000 crore a day over the last year to become the second richest person in Asia for the first time.
Others in top 10
Shiv Nadar and family occupied the third position with a 67 per cent increase in wealth to Rs 2,36,600 crore. For the 12 months that ended in December 2020, HCL became only the third Indian IT company to break through the US $10 billion revenue mark.
Shiv Nadar¡¯s HCL generated Rs 260 crore daily since the last list was released in 2020. "HCL's limited exposure to COVID affected segments such as travel, retail and hospitality resulted in a 67 per cent increase in his wealth," said the Hurun report.
SP Hinduja and family moved down two positions to fourth on the list but saw a 53 per cent rise in net worth to Rs 2,20,000 crore. LN Mittal & family whose wealth increased 187% to reach Rs 1.74 lakh crore bagged the 5th position.
Cryrus S Poonawalla and family retained the sixth spot in the list even as the net worth jumped 74 per cent to Rs 1,63,700 due to deals signed by the Serum Institute of India (SII) to manufacture Covid-19 vaccines.
Radhakishan Damani and family saw their net worth rise by 77 per cent to Rs 1,54,300 crore. Damani and his family has retained the seventh spot in the list. 8th on the list is Vinod Shantilal & family whose wealth rose 212% to reach Rs 1.31 lakh crore.
The 10th position on the list has been secured by Jay Chaudhry this year. Chaudhry is the founder and CEO of US-based cloud security company Zscaler. He has climbed two positions on the list after his net worth grew 85 per cent this year to Rs 1,21,600.
Third-generation inheritor of Godrej, Smita V Crishna is India¡¯s richest woman, while Kiran Mazumdar-Shaw is the richest self-made woman on the list. There are 13 individuals worth Rs 1 lakh crore or more in the list, up from five last year.
Billionaires in India
India now has 237 billionaires, up from 58 last year. Chemicals and Software produced the largest number of new entrants to the list, while Pharmaceuticals is still the number 1 and has contributed 130 entrants in the list.
There are 47 women in the 2021 edition of the IIFL Wealth Hurun India Rich List, up from 5 ten years ago. Home to 25% of the list, Mumbai is the preferred city for India¡¯s biggest wealth creators, followed by New Delhi and Bengaluru.